Vodafone Group Public Limited (NASDAQ:VOD) Holdings Increased by National Asset Management Inc.

National Asset Management Inc. grew its stake in shares of Vodafone Group Public Limited (NASDAQ:VODGet Rating) by 83.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,100 shares of the cell phone carrier’s stock after buying an additional 10,521 shares during the quarter. National Asset Management Inc.’s holdings in Vodafone Group Public were worth $385,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wetherby Asset Management Inc. raised its holdings in shares of Vodafone Group Public by 3.6% in the 4th quarter. Wetherby Asset Management Inc. now owns 19,461 shares of the cell phone carrier’s stock worth $291,000 after purchasing an additional 677 shares in the last quarter. 180 Wealth Advisors LLC raised its holdings in shares of Vodafone Group Public by 5.7% in the 1st quarter. 180 Wealth Advisors LLC now owns 13,041 shares of the cell phone carrier’s stock worth $224,000 after purchasing an additional 707 shares in the last quarter. Private Capital Group LLC raised its holdings in shares of Vodafone Group Public by 57.9% in the 1st quarter. Private Capital Group LLC now owns 1,989 shares of the cell phone carrier’s stock worth $33,000 after purchasing an additional 729 shares in the last quarter. Valeo Financial Advisors LLC raised its holdings in shares of Vodafone Group Public by 5.6% in the 1st quarter. Valeo Financial Advisors LLC now owns 14,079 shares of the cell phone carrier’s stock worth $234,000 after purchasing an additional 745 shares in the last quarter. Finally, Old Port Advisors raised its holdings in shares of Vodafone Group Public by 0.7% in the 1st quarter. Old Port Advisors now owns 135,605 shares of the cell phone carrier’s stock worth $2,294,000 after purchasing an additional 920 shares in the last quarter. 9.07% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. JPMorgan Chase & Co. dropped their target price on shares of Vodafone Group Public from GBX 168 ($2.02) to GBX 165 ($1.99) in a report on Tuesday. UBS Group dropped their target price on shares of Vodafone Group Public from GBX 146 ($1.76) to GBX 143 ($1.72) in a research report on Tuesday. Morgan Stanley dropped their target price on shares of Vodafone Group Public from GBX 190 ($2.29) to GBX 180 ($2.17) in a research report on Thursday, July 7th. StockNews.com downgraded shares of Vodafone Group Public from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 6th. Finally, Berenberg Bank downgraded shares of Vodafone Group Public from a “buy” rating to a “hold” rating in a research report on Tuesday, April 5th. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $167.17.

Vodafone Group Public Price Performance

Shares of VOD opened at $14.76 on Friday. The company’s 50 day moving average price is $15.64 and its 200 day moving average price is $16.38. Vodafone Group Public Limited has a 52 week low of $14.31 and a 52 week high of $19.05. The company has a quick ratio of 0.82, a current ratio of 0.85 and a debt-to-equity ratio of 1.02.

Vodafone Group Public Cuts Dividend

The business also recently disclosed a Semi-Annual dividend, which will be paid on Friday, August 5th. Investors of record on Monday, June 6th will be given a dividend of $0.455 per share. This represents a yield of 9.6%. The ex-dividend date of this dividend is Friday, June 3rd.

Vodafone Group Public Profile

(Get Rating)

Vodafone Group Public Limited Company engages in telecommunication services in Europe and internationally. The company offers mobile services that enable customers to call, text, and access data; fixed line services, including broadband, television (TV) offerings, and voice; and convergence services under the GigaKombi and Vodafone One names to customers.

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Institutional Ownership by Quarter for Vodafone Group Public (NASDAQ:VOD)

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